EV Update Media – Electric Vehicles and Battery Industry News & Updates

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India Electric Vehicles Market With CAGR 77% by 2025 – Exclusive Report by Persistence Market Research, Inc.

In a new report published by Persistence Market Research titled “Electric Vehicle Market: India Industry Analysis (2012-2016) and Forecast (2017-2025),” it has been observed that the India electric vehicles market is expected to expand at a CAGR of 77% in…

EU Agrees New Law On More Sustainable And Circular Batteries To Support EU’s Energy Transition And Competitive Industry

The Commission welcomes the provisional political agreement reached between the European Parliament and the Council aiming to make all batteries placed on the EU market more sustainable, circular and safe. The agreement builds on the Commission’s proposal from December 2020…

EVs at Auto Expo 2023: Greaves Electric To Unveil Five Two And Three-Wheelers

Greaves Electric Mobility Private Limited shared a glimpse into its ambitious EV roadmap of the future. The company is planning to unveil 5 new products across two and three wheelers at the upcoming Auto Expo 2023. The new products will…

FAME and PLI Schemes Promotes Use Of Electric Vehicles In The Country

The Union Minister of State for Heavy Industries, Shri Krishan Pal Gurjar in a written reply to a question in Rajya Sabha today informed that to promote the use of electric vehicles in the country and to make their manufacturing…

Mercedes Opens Its First EV-Only Dealership In The World In Japan

Mercedes-Benz’s first dealership in the world dedicated to its all-electric Mercedes-EQ brand opened in Yokohama, south of the Japanese capital on Tuesday, the German automaker’s local unit said. Mercedes-Benz has rolled out five electric models since 2019 and “sees further…

Toyota Rolls Out C-HR Plug-in Hybrid

Toyota on Monday teased a plug-in hybrid version of its C-HR subcompact crossover and confirmed more all-electric bZ models for Europe. The Toyota C-HR Prologue Concept shown Monday previews a next-generation model scheduled to debut in the near future. Toyota…

Lectrix EV To Add 300 Electric Two-Wheeler Dealerships By Mid-2023

Lectrix EV, the electric mobility arm of SAR Group, said that it will expand its presence in India by adding 300 dealerships by mid-2023. The electric two-wheeler company, which started operations earlier this year, currently has a network of more…

Tata Sells 20,000 Of Its $10,000 Tiago EVs In Just 2 Months

Over the past 10 years or so, a lot of new energy vehicle startups, and also legacy OEMs, have followed the same formula of starting with top of the range ($70,000 plus) electric vehicles and then moving slowly to develop…

Tesla’s Chinese Rivals Set New Records

Tesla’s competition in the electric vehicle market has been heating up over the past two years as more EV manufacturers ramp up production and deliveries. Elon Musk’s Austin, Texas-based company has seen its share of the EV market shrink from…

Europeans “Can’t Make Money On EVs”

STELLANTIS is considering building its EV models in India for potential export to Europe because high costs in the EU mean that car makers cannot make EVs at a profit. Speaking from Chennai where Stellantis has a technical centre, CEO…